Entrance

Panda Energy Intl. Inc. paved the way for its entrance into theFlorida generation market last week by announcing that petitionsfor determination of need have been filed with the Florida PublicService Commission to build two 1,000 MW power plants. Both plantswill cost $300 million and are expected to begin commercialoperation in May of 2003.

Panda Energy Intl. Inc. paved the way for its entrance into theFlorida generation market yesterday by announcing that petitionsfor determination of need have been filed with the Florida PublicService Commission to build two 1,000 MW power plants. Both plantswill cost $300 million and are expected to begin commercialoperation in May of 2003.

Anadarko Energy Services Co., the wholesale marketing affiliateof Anadarko Petroleum, is gaining entrance into the retail marketthrough an agreement with independent marketer Mountain Energy.

A statement of “Vision”, “Mission”, and “FERC Values,”emblazoned in red, white and blue on entrance and hallway postersand on laminated wallet-sized cards distributed to every employeeis the first tangible result of “FERC First,” the Federal EnergyRegulatory Commission’s marathon restructuring project.

Denver-based KN Energy (KNE) made a big entrance into thegas-fired power generation business yesterday by purchasing 10% ofthe generation in the state of Colorado and becoming the largestindependent power producer in the state. It purchased Denver-basedThermo Co., an electrical engineering firm that specializes indistributed power. The deal is designed to prepare KNE for eventualelectric industry deregulation and competition in its home state.